Income tax return filling date

This query is : Resolved 

03 February 2011 IF HUSBAND WORKING PROFESSIONAL & WIFE SALARIED, & HUSBAND GIVE A HANDSOME AMOUNT THROUGH CHEQUE TO HIS WIFE, THAT AMOUNT IS TAXABLE OR NOT?

&
HOW MUCH TURNOVER IS COMPULSORY FOR AUDIT IN PROFESSIONAL INCOME ?

WHAT IS THE LAST DATE FOR RETURN FILING INDIVIDUAL OR PROFESSIONAL?



03 February 2011 If husbang give gift to his wife. Gift is not taxable. But any income earned by wife from that gifted amount will be clubbed under section 64(1)(iv)of the IT Act

Tax Audit limit for preofesional is 15 lacs

If Tax audit is required - 3oth September
in other case - 31st July


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